• The Philippine peso weakened for a second day and the domestic share market advanced.
  • USD/PHP rises 0.2% to 56.1000 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed
    ** Most major Asian currencies up versus dollar on day; the Bloomberg Asia Dollar index rises 0.1% to 91.71
    ** USD/PHP one-month implied volatility is at 6.235%, up from 5.9725% on Friday
    ** USD/PHP 200-DMA currently around 55.842; 100-DMA 56.217; 50-DMA 55.692
  • The Philippines’ 10-year bond yield was little changed at 6.22% on Friday
  • The PSEi Index of shares rises 0.7% to 6,548.31 on the day; poised to break a 4-day losing streak
    ** Global investors sold a net $14.3 million of Philippine stocks on Friday, according to exchange data